The Nasdaq Composite led Friday's gains wrapping a winning week for the broader U.S. equity markets in the shortened holiday session on Black Friday.

The tech-heavy composite rose over 111 points or 0.9% helped in part by Tesla which continues to smash records.

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Elon Musk's electric-vehicle maker, which will be added to the S&P 500 on December 21, has seen its market cap soar to $555 billion through Friday.

The S&P 500 also closed at a fresh record rising 0.24%, while the Dow Jones Industrial Average rose over 37 points just below that key 30,000 level reached for the first time in history earlier this week.


All three of the major U.S. averages clocked gains of over 2% for the week. Read more at FOX Business